Liposome Drug Delivery Market is Driven by Advanced Targeted Therapeutics
The liposome drug delivery market involves the encapsulation of various pharmaceutical drugs inside lipid bilayer vesicles called liposomes for more targeted and effective drug delivery. Liposomes offer several advantages over traditional medication such as protection of drugs from degradation, controlled release at targeted sites, reduced systemic side effects and ability to deliver both hydrophilic and hydrophobic drugs. They are widely used for cancer therapeutics, antimicrobials, corticosteroids and vaccines. The global liposome drug delivery market provides efficient encapsulation of various pharmaceutical drugs for diseases such as cancer, fungal infections, tuberculosis etc.
The Global Liposome Drug Delivery Market is estimated to be valued at US$ 5,482.2 Mn in 2024 and is expected to exhibit a CAGR of 8.9% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the Liposome Drug Delivery Market Size are Gilead Sciences, Inc., Luye Pharma Group, Ipsen Biopharmaceuticals, Inc., Pacira Pharmaceuticals, Inc., Acuitas Therapeutics, LIPOSOMA B.V., Takeda Pharmaceutical Company Limited, Taiwan Liposome Company, Ltd., Endo International, and Jazz Pharmaceuticals plc. The large player base is actively focusing on research and development of advanced liposome formulations.
The growing prevalence of chronic diseases such as cancer is expected to drive the demand for targeted drug therapies. According to WHO, cancer burden is expected to reach 27.5 million new cases and 16.3 million cancer deaths by 2040. Liposome encapsulation offers potential for development of effective anti-cancer therapeutics.
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